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<br /> � � ..F- 92- 10223�
<br /> . �► �.'s� ''"^' "'' '; �' TO(IETHER WITH ull Ihe improvementx nnw�r hrreullcr crcctcd on ihe pru�xny,unJ ull ca+rment.r, uppuncn�nccr, ��,,,��
<br /> �� � ' � r � and fixwrea now or hercuftcr n part��f Ihc pmperly. AU repluccmenty und addi�ions shall alsa Ix�covrrcd by Ihis SecurflY ` _� .:_
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<br /> ,,� , .. � � „ instrumem. All af the forcgaing is refemd to in thia Sccurily Inslrument ux thc"!'in� n
<br /> • BORROWER COVENANTS�hat BnRUwe�iK IawfullY+ci�+ed of ihe c�tule hereby c�mveycd unJ hu,thc right to grunt �_�`_ :�.:._
<br /> � �� and canvey�he Properly unJ that the Propcny i+unencumbered,excent for encumbrunres i�f rec�rrd. S��rrower wurruntti ond � ,�
<br /> ' , will defend generuliy the lide tu thc 1'ropeny aguinsi ull cluimx�nd�kmund�:,+ubject lo t►ny encumhrancc,of recurJ.
<br /> ' s for nationul usr und non•uniform covcnuntx with � • L��
<br /> THIS SECURITY INSTRUMENT cambinec uniforni co�enunt _,._
<br /> � - � limiled vuria�ions by jurirdictiun tu cuntililutc u uniforni+c�urity instrurncnt covcring real prn�xny. r--- . -
<br /> �� ' � � UNIFORM COVENANTS. BoROwcr und Lendcrcovenunt unJ ugrec u+foU��ws: �_.�':Y�-
<br /> . !. Payment of Principwl And Interest;Prepayment And Late CharRes. Bormwcr:hull promptly puy when duc the
<br /> . ' ,. � principul of s+nd interest on the debt cviJcnced by ihe Nmc ond uny prepuymcnt und IAtc churRes du�undcr the Nnte. �,:_.
<br /> 2. Runds for Taxes wnd Insurance. SubJect to upplicablc luw�x io u writ�en wuiver by Lender,Borrower shull pay to �..-
<br /> ' � • Lender un the duy manthly paymentw are duc under thc NMC. untii the Note i+puiJ in full,u�um("Fund�'1 for: (ul yeurly �;_
<br /> " taxec And as4essments which muy attuin prinriiy mer Ihis Security Iny�rument us a lien an thc Propeny;(N)yearly leusehold y�
<br /> pnymentr or grouod rents on ihe Property, if uny; Ic1 yearly hcuurd o� property insurunce premiums; (d1 yesuly tluod � •._'_._
<br /> insurunce premiums, if any; (e► ycurly mongugc in�urunce premiums,if uny: und tf1�+ny sum�puyuble by Bortower to _�.�_�==--
<br /> • �' • Lender,in nccordance with the provi+ion�of parugrAph tt.in lieu a( the puyment of mortguge insuruncc premium+. These i=_
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<br /> ' ' ' item�+ure called"Escrow Iterns.' l.ender muy,at any time,callec�and hold Funds in un�+moun�not to excced the muximum �;_
<br /> •� � umount a lender for u federally relAled monguge Iciun muy reyuire for Barcowerk e.crow accouni under the fedcrnl Reul �,�-
<br /> �:-;--:,.,�
<br /> Estnte Setdement Procedures Act of 1974 us amended fram lime to lime.l2 U.S.C.§?t�01 er ccy. ("RESPA").unless Analher �.w_
<br /> ' law thut upplies to the Fundti sets u lesser umount. If sa,Lender mAy,at uny time,collect und hold Funds in un umaunt not to ---_
<br /> eacrrd Ihe lesser amaunt. Lendcr may estimmc the umount of Funds duc an thc basis of curtent data and reasanable ����
<br /> estimates of expendiwreti of fatu�e Escrow I�em�or othen�ise in arcordance with Applicuble law. �:.��
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<br /> '�� Thc Funds shall be held in an insti�ution whoxe deposits are insur�d by u Pedernl ugcncy,instrumentAlit ar enut 1^ M1
<br /> ;;•,��ti;; � (including L.ender,if l.ender i�such un institutian)ar in uny FederAl Home Loun Bunk. Lender�hall upply the Funds ta pay �4,`�..,�,"„
<br /> , •� the Escrow Items. Lender muy not churgc Borrawer for h�ldin�;und upplying �he Funds,unnually analyzing ihe escrow ,,� :��,
<br /> " ' uccoum,or verifying the Escrow Items, unless Lender pays Barrower intcrest on the Funds nnd applicable IAw permits ���}y_"
<br /> � . • Lender to make such tt charge. However. Lender muy require Borrowc��o puy u one-time churge for an independem real .,��,,,�,,.,
<br /> .. � -� �,��.��;.<-.
<br /> � e�tate tux repc�rting service u�ed by Lender in connection witi�thi�loAn,unless upplicuble law provides otherwise. Unless an
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<br /> • agreement is made or applicuble law rcquires intcretit 1a be paid,Lender shull not 6c reyuired to pay BaRawer an interest or �.�:.-..
<br /> • � � • eamin�s on tfic Fund::. Borra«�cr und Lencter may u�rec in writing,however,thut inlerest shall be paid on the Mlmds. Lender �_v
<br /> :: ,' . ..,,,.,`,,.: E:,_..-___
<br /> � � sturprne fo n c�h euch dcbil to thrFundn wu umud.:.�'I'hc Funds or pkdged us ddi�ional�urity forfnll'umxn ecured by ��_
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<br /> thig Security Instrument.
<br /> -- " If thc h�unds hcld by Lcndcr cxa��1 ihe uni:iuni� permitici!so be held by up�+licnM► luw. Lender tiholl uccount to �__
<br /> Borrower for thc cxcesti Fundx in accorduncc wiih thc rcyuiremenls of upplicable luw. If�hc umaunt uf the Funds hcld by �.'
<br /> l.cndcr ot►�ny timc ix nut suffirirnt �o puy tlk E+rruw h�m� whcn duc.Lcndcr muy +o�otify Burrowcr in writing,nnd,in __
<br /> ... ,uch cu,c Bnrrowcr�hull pay to Lrn�kr thr umuum n�cc+tiury to mukc up�hc drl�iricncy. Borrowcr xhull mukc up thc
<br /> dcticirnry in n��mun thun twclvc momhly puynmmti.a�l..nd�r;ti�dc di,cr��ion. 6��..:y
<br /> � � . � U�xm puymcn� in fuU uf ull,um+.rrund hy Um 5rruri�y In�trumrm.I.rndr�,hull prompUy rcl'und w B�xrowcr uny __
<br /> Fund.hcld hy Lrndcr. If. unJrr pnr;��tr,iph 21. Lendcr.hull aryuirr ur.cll�hr I'�u�xr�y.I.ci�lrr.priur�u�hc acyuf.rili�xi or ___
<br /> � ' � � .ulr ul Ihc I'roprny.+hall uppl�•un) I�un�l.h�ld hy I.rnJcr ul thc tinx ul��cyui,ilian or �ulr us u credil uguin�t Ihc xuma �_�.,
<br /> xcurcd by ihi+Sccurity Inti�rwnenl. �
<br /> ' i. Applicution of Puyment�. Ih�lc,+ a�lirahlr law �xuvidc�wherwi,r. ull puym�nt. rccriveJ by l.enJer under ��,_:r
<br /> paragraphti I unJ: +hall Fw applicJ:firr�. iu any prep•rynxnt chargc.duc undrr thr Notc:+ccnnd.tu umounts puyublc undcr — _
<br /> . p�rugruph 2:ihird,to intcrc,�Jur:fuunh.tu prirrcipe�l Juc:�u�d lu,t.lu uny lutr rhur�eeti duc undcr thc Notc. �:'__;•_�;
<br /> 4. Churges: I.iens. Born�wcr+hall puy uU iuxeti.a,.c„mcnl�. chargc�, tincs and im���itions uttributuble to the �A�_
<br /> Propeny which muy auuin priority uver this Security Imtrument,and Ieus.hoW payment�or ground rent., it'uny. Borrower �
<br /> shall pay�hesc obligatiunz in the manncr provid�d in paragruph?.or if nut puid in that munncr, eorri�wer�hull pay thcm on �
<br /> timc dircrtly to�he peru�n owed paymcnt. Borrowcr,hall pramptly fumi�h to Lcndcr all noticcs af umounts to bc paid undcr
<br /> - this paragrs�ph. If Borrower mukex Ihesr payment�dirccdy. Bcnrower shull prompdy fumish to Lender receipts evidencing ` �:,.�°
<br /> �ca^-
<br /> the paymen�s. �r:��� �
<br /> Borrower shull pmmptly diuhur�c:►ny lirn which hn�prK►rity�wcr thi,5cruri�y Im�rument unlezs Borrawer:lu)agrees �`Vd_=
<br /> in writing Io the payment o(the abl itiution.crured hy thr lien in:�mannrr uccep�ahlr to Lcndrr,(b1 contesty in�cwd faith the _
<br /> licn by,or defends uguins� enPurcermnt o1'the Ikn in.Ir�;al pnxr�Jings whirh in 1he Lender',upini��n operatc to prcvent the . ,
<br /> , cni'orcemem�f Ihc lien:ur Icl securc,from thr h�►Idcr oi ihc licn an aFrccment.a1i�1'artory w Lendcr.ubordinuting thc lien
<br /> ' to Ihis Securiry Instrument. If Lcnder Je::miincs thut any pan��f�he Propeny i�whjcci w a lirn which may utrrin prioriry
<br /> ovcr this Security Instrument,Lender muy givr Borrawrr a n�nirc idrmifyin�:thr lirn. Borrawer shull.utisfy�he lien or takc
<br /> � one or more of�hc action+�ct 1'ahh •rtxwc wilhin I(1 Juy.af the giving of niNicr.
<br /> p> 5. Hazard or Property lnsurance. f3urruwrr tihall kccp�hc improvrmrnt.nuw rxi.�ing��r hrreaftcr erectcd on thc
<br /> property insured aFuimt liitis by fire.haiarJ�induded�vilhin thr term°cxtrndrd ruvrra@r":md any uthrr haiard,.including
<br /> � Oo«is or tlooding, liir whKh Lcndcr rcyuirr. in.uranre. Thi� in,urnncc +hall hc muintaincd in the amowuti und li�r the �
<br /> Fi�rm W21i 4��J11 ip���r:�Jn���er.�i ,
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